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WTC releases statement about Ironman 70.3 National Harbor

Defamation lawsuit dropped and damages to be paid.

Today, World Triathlon Corporation (WTC) issued the following statement:

Washington Sports & Event Management, LLC (WSEM); PGCT, LLC (PGCT) and Chuck Brodsky have reached a settlement with WTC related to PGCT’s cancellation of the inaugural IRONMAN 70.3 National Harbor.  As a result of that confidential settlement, WSEM has agreed to drop its defamation lawsuit against WTC, and PGCT will pay WTC an undisclosed amount in damages.